USSGL Board MeetingBallot Items for FY16 and FY17 

Michele Crosco and Chris Beck

May 12, 2016

International Monetary Fund Accounts

General Fund Accounts

Repayable Advance Account

Miscellaneous Title Changes

New/Revised USSGL Accounts

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All accounts effective for FY 2016 to be used by the Department of Treasury only.

119305 IMF – Letter of Credit

119306 IMF – Receivable/Payable Currency Valuation Adjustment

119307 IMF – Dollar Deposits with the IMF

119309 IMF – Currency Holdings

119333 IMF – Reserve Position

411990 Other Appropriations Realized – IMF

417590 Allocation Transfers of Current-Year Authority for Noninvested Accounts – IMF

International Monetary Fund (IMF)

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417690 Allocation Transfers of Prior Year Balances - IMF

420190 Total Actual Resources – Collected – IMF

439190 Adjustments to Indefinite Appropriations – IMF

462090 Unobligated Funds Exempt From Apportionment – IMF

719090 Gains on IMF Assets

729090 Losses on IMF Assets

IMF – Cont’d

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The following two USSGL accounts are effective for FY16

579001 Other Non-Budgetary Financing Sources for Debt Accruals/Amortization

579010 Other General Fund Financing Sources (General Fund’s offset to 579001)

The following USSGL is for FY17

209010 Liability for Fund Balance while Awaiting a Warrant (General Fund offset to 109000)

New General Fund USSGL Accounts

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The following USSGL is for FY17

415900 Repayment of Repayable Advances. Is for Department of Labor’s use only

Repayment of Repayable Advances

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435100 Partial or Early Cancellation Authority (Title only FY16)

109000 Fund Balance With Treasury While Awaiting a Warrant (Title only FY17)

Miscellaneous USSGL Account Changes

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| Change                                                                                           | Page Number         |
|--------------------------------------------------------------------------------------------------|---------------------|
| Removed the word “Government”                                                                    | Cover Page          |
| Replaced Financial Management Service with Bureau of the Fiscal Service                          | Throughout document |
| Updated Contact information and date                                                             | Cover Page          |
| Replaced “Web Site” with “Website”                                                               | Throughout document |
| Added USSGL and removed No. 2                                                                    | Page 2              |
| Replaced to show IRC meetings are not weekly but “as needed with a minimum of four per year”     | Page 9              |
| Added under power for Bureau of Fiscal Service to present changes to Sections III-VII            | Page 11             |

USSGL Board Bylaw Technical Changes

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| Change                                                                                                     | Page Number |
|------------------------------------------------------------------------------------------------------------|-------------|
| Reworded IRC participants powers to be consistent with powers described under Bureau of the Fiscal Service | Page 12     |
| Added Section VII “GTAS Edits and Validations”                                                             | Page 14     |
| Added description of Section VII                                                                           | Page 15     |
| Updated website information                                                                                | Page 19     |

USSGL Board Bylaw Technical Changes

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Revise Deposit Fund Guidance

Revise Credit Reform Guidance

Continue to work with the General Fund to allow for the General Fund to properly report their activity 

Establish formal BETC request process for agencies

Continue to work with OMB on “normal” balance project

Upcoming Projects for USSGL

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